Latest Construction contractors News

GOP-majority court chosen to consider Biden vaccine mandate

Nov. 16, 2021 17:37 PM EST

Challenges to President Joe Biden's COVID-19 vaccine mandate for private employers will be consolidated in the U.S. 6th Circuit Court of Appeals, a panel dominated by judges appointed by Republicans. The Cincinnati-based court was selected Tuesday in a random drawing...

Nuclear plant price doubles to $28.5B as other owners balk

Nov. 04, 2021 19:26 PM EDT

ATLANTA (AP) — The cost of two nuclear reactors being built in Georgia is now $28.5 billion, more than twice the original price tag, and the other owners of Plant Vogtle argue Georgia Power Co. has triggered an agreement requiring Georgia Power to shoulder a larger share of the financial...

Georgia nuclear reactors delayed again as costs mount

Oct. 25, 2021 15:05 PM EDT

ATLANTA (AP) — Georgia Power Co. is pushing back the startup date for its two new nuclear reactors near Augusta, saying it's still redoing sloppy construction work and that contractors still aren't meeting deadlines. The unit of Atlanta-based Southern Co. now says the...

'Murf Roast' raises $128K for Housing Authority

Oct. 23, 2021 00:24 AM EDT

BOWLING GREEN, Ky. (AP) — Not normally the butt of jokes, Mike Murphy took some ribbing Thursday evening and hardly seemed offended. Maybe because the longtime engineer and building contractor had about 128,000 reasons to take the zingers in stride. ...

Audit finds troopers lax in monitoring access to Capitol

Oct. 19, 2021 16:09 PM EDT

BISMARCK, N.D. (AP) — The North Dakota Highway Patrol says it is working to improve security measures after an audit released Tuesday found key card access to the building hasn’t been adequately monitored. The audit found that 13 state employees who had been...

Man accused in co-worker deaths tells deputies he was raped

Oct. 04, 2021 16:27 PM EDT

DAVENPORT, Fla. (AP) — An electrician accused of killing three co-workers on assignment in central Florida told detectives he did it because his colleagues had raped him, but a Florida sheriff on Monday said there was no evidence to support the claim. Shaun Runyon, 39,...

Inflation forces homebuilders to take it slow, raise prices

Sep. 23, 2021 14:20 PM EDT

LOS ANGELES (AP) — Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders. Rising costs and shortages of building materials and labor are rippling across...

Chinese builder in debt jam says it will make bond payment

Sep. 22, 2021 06:59 AM EDT

BEIJING (AP) — A Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt has rattled global markets says it will pay interest due Thursday to bondholders in China but gave no sign of plans to pay on a separate bond abroad. The...

EXPLAINER: Chinese builder’s debt struggle rattles investors

Sep. 21, 2021 16:15 PM EDT

BEIJING (AP) — Global investors are watching nervously as one of China’s biggest real estate developers struggles to avoid defaulting on tens of billions of dollars of debt, fueling fears of possible wider shock waves for the financial system. Chinese regulators have...

Chinese property developer's debt struggle rattles investors

Sep. 15, 2021 05:06 AM EDT

BEIJING (AP) — One of China’s biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about a broader economic fallout and protests by buyers of unfinished apartments. Evergrande Group appears likely to be...